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Nonprofiteer
← EASTERN MUSIC FESTIVAL INC

Form 990 for tax year 2022

Filed by EASTERN MUSIC FESTIVAL INC.

Totals

Total revenue
$2,225,216
Total expenses
$2,580,632
Contributions and grants received
$552,776
Grants paid
$376,796
Program service revenue
$1,651,037
Investment income
$26,390
Other revenue
-$4,987
Total assets, end of year
$1,835,415
Total liabilities, end of year
$275,445
Net assets or fund balances, end of year
$1,559,970
Program services expenses (Part IX)
$2,271,122
Management and general expenses
$193,351
Fundraising expenses
$116,159
Program service expenses (Part III)
$2,271,122

Program services were 88.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $10,270

  • 1f · All other contributions, gifts and grants

    $542,506

  • 2a · Program service revenue: TUITION AND FEES

    total $1,471,633 · related or exempt $1,471,633

  • 2b · Program service revenue: CONCERT TICKET SALES

    total $136,017 · related or exempt $136,017

  • 2c · Program service revenue: FACULTY HOUSING

    total $26,434 · related or exempt $26,434

  • 2d · Program service revenue: PROGRAM ADVERTISING

    total $10,731 · related or exempt $10,731

  • 2e · Program service revenue: OTHER

    total $5,423 · related or exempt $5,423

  • 2f · All other program service revenue

    total $799 · related or exempt $799

  • 3 · Investment income

    total $26,390 · excluded $26,390

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $10,270

  • 8b · Fundraising events: direct expenses

    $4,987

  • 8c · Net income from fundraising events

    total -$4,987 · excluded -$4,987

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $376,796 · program services $376,796

  • 5 · Compensation of officers, directors and key employees

    total $100,038 · program services $85,032 · management and general $8,003 · fundraising $7,003

  • 7 · Other salaries and wages

    total $975,104 · program services $828,839 · management and general $78,008 · fundraising $68,257

  • 9 · Other employee benefits

    total $53,555 · program services $45,521 · management and general $4,285 · fundraising $3,749

  • 10 · Payroll taxes

    total $74,378 · program services $56,528 · management and general $11,900 · fundraising $5,950

  • 11b · Fees: legal

    total $40,727 · management and general $40,727

  • 11c · Fees: accounting

    total $28,031 · management and general $28,031

  • 11g · Fees: other

    total $88,500 · program services $88,500

  • 12 · Advertising and promotion

    total $114,845 · program services $114,845

  • 13 · Office expenses

    total $60,034 · program services $45,626 · management and general $9,605 · fundraising $4,803

  • 16 · Occupancy

    total $443,182 · program services $443,182

  • 17 · Travel

    total $11,167 · program services $11,167

  • 22 · Depreciation, depletion and amortization

    total $1,952 · program services $1,484 · management and general $312 · fundraising $156

  • 23 · Insurance

    total $18,524 · program services $14,078 · management and general $2,964 · fundraising $1,482

  • 24a · Other expenses: PRINTING, PUBLICATIONS,

    total $42,784 · program services $42,784

  • 24b · Other expenses: FESTIVAL VEHICLE AND FU

    total $32,104 · program services $32,104

  • 24c · Other expenses: BANK CHARGES

    total $24,834 · program services $18,873 · management and general $3,974 · fundraising $1,987

  • 24d · Other expenses: BAD DEBT EXPENSE

    total $20,000 · fundraising $20,000

  • 24e · All other expenses

    total $74,077 · program services $65,763 · management and general $5,542 · fundraising $2,772

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $525,575 · end of year $269,126

  • 3 · Pledges and grants receivable

    beginning of year $295,000 · end of year $100,000

  • 4 · Accounts receivable

    beginning of year $85,427 · end of year $110,398

  • 8 · Inventories for sale or use

    beginning of year $6,244 · end of year $6,244

  • 9 · Prepaid expenses and deferred charges

    beginning of year $10,740 · end of year $9,235

  • 10a · Land, buildings and equipment: cost or other basis

    $162,834

  • 10b · Land, buildings and equipment: accumulated depreciation

    $154,146

  • 10c · Land, buildings and equipment, net

    beginning of year $10,641 · end of year $8,688

  • 11 · Investments: publicly traded securities

    beginning of year $1,117,466 · end of year $1,331,724

  • 17 · Accounts payable and accrued expenses

    beginning of year $248,574 · end of year $275,445

  • 27 · Net assets without donor restrictions

    beginning of year $616,931 · end of year $374,382

  • 28 · Net assets with donor restrictions

    beginning of year $1,185,588 · end of year $1,185,588

Mission and programs · 2022

Mission

THE EASTERN MUSIC FESTIVAL'S MISSION IS TO PROMOTE MUSICAL ENRICHMENT THROUGH A NATIONALLY-RECOGNIZED TEACHING PROGRAM, MUSIC FESTIVAL, CONCERTS AND OTHER PROGRAMS WHICH WILL ENHANCE THE QUALITY OF LIFE, HEALTH AND VITALITY OF OUR REGION.

  • OPERATED SUCCESSFULLY A FIVE-WEEK SUMMER CLASSICAL MUSIC SCHOOL FOCUSED ON MUSICAL REFLECTION AND GROWTH FOR MORE THAN 280 YOUNG MUSICIANS FROM THE US AND OTHER COUNTRIES. SCHOOL IS CONDUCTED ANNUALLY AND BEGINS APPROXIMATELY THE LAST WEEK OF JUNE THROUGH THE END OF JULY. STUDENTS BOARD AT GUILFORD COLLEGE ( A LOCAL INSTITUTE OF HIGHER EDUCATION ) AND THE SCHOOL IS CONDUCTED ON THE COLLEGE'S CAMPUS THROUGH 70 WORKSHOPS AND PERFORMANCES. STUDENTS PERFORM WITH FACULTY MUSICIANS AND TAKE CLASSES FROM THE FACULTY ACROSS 5 EDUCATIONAL PROGRAMS. ORCHESTRA, PIANO, EUPHONIUM/TUBA, CLASSICAL GUITAR, AND CONDUCTING AS WELL AS A STRING LEADERSHIP SEMINAR SERIES. THE STUDENTS PARTICIPATE AND PERFORM IN THE MUSIC FESTIVAL.

    Expenses $1,548,107 · Grants $376,796 · Revenue $1,515,020

  • SUCCESSFULLY OPERATED A WORLD-RENOWNED SUMMER CLASSICAL MUSIC FESTIVAL DURING A FIVE-WEEK PERIOD IN THE SUMMER FOR THE TRIAD AND STATE OF NORTH CAROLINA COMMUNITY. THE SCHOOL CONDUCTS COMMUNITY OUTREACH CONCERTS, MASTERCLASSES, RECITALS, THE EASTERN CHAMBER PLAYERS PERFORMANCE SERIES, THE YOUNG ARTIST ORCHESTRAS SERIES, THE EASTERN FESTIVAL ORCHESTRA SERIES, AND SIGNATURE PERFORMANCES WHICH HIGHLIGHT GUEST ARTISTS AND SPECIFIC EDUCATIONAL PROGRAMS.

    Expenses $723,015 · Revenue $136,017

As filed on the 2022 return.

Listed in Part VII

  • Michael Corbett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Anne Starr Denny

    SECRETARY

    Total calculated
    $0
    Hours/week
    3
  • Lou Anne Flanders-Stec

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • Ronnie S Grabon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jay Gwatkin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Noah L Hock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jacqueline Humphrey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Catriona Kyle-Rice

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Don McMillion

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bernfried Messner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dr Michael Norins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Karl H Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dr Kami Rowan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dabney Sanders

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Myra Schloemer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • D Alan Stephens

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Elizabeth Holleman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Melanie S Tuttle

    CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Lisa Underwood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sarah Warmath

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Katie Muhlenkamp

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dwyla Pearson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cindy Wells

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christopher Williams

    EXECUTIVE DIRECTOR

    Total calculated
    $94,976
    From this org
    $94,976
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
12 August 2024
IRS schema version
2022v5.0
Source object
202442279349300814

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